Gold catches fire, but it's near resistance now

  • Gold up $65 on the day
Gold

Gold is at the highs of the day in an impressive run. it's up $66 to $4191 after starting the US trading day flat.

At current levels, gold is testing some important resistance in the form of the $4200 big figure but also the 61.8% retracement of the late-October drop.

gold chart
gold chart

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